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Updated almost 10 years ago on . Most recent reply
How does money laundering work in a real estate investment firm?
I AM NOT ASKING FOR ADVICE ON HOW TO DO ANYTHING ILLEGAL! Lol.
I used to know someone whose dad owned a real estate investment firm that had 5.5 billion of assets.
They told me that there is a lot of money laundering that goes on.
How exactly does this work? Who launders it and how? If I had a business like that, I would think I would keep track of everything so that nothing is stolen.
I hope this isn't against the forum rules. I'm not asking for advice on how to do this, I'm just wondering how it works and how it happens.
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Jay Hinrichs
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